Manhattan Luxury Reality Check January 2020

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manhattan luxury reality check

We studied hard to deliver a brand new report to you. The Reality Check on the Manhattan Luxury Market. Every week we hear of multi million dollar properties going on the market and sometimes the asking price seems exorbitant, because it ...

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Less is more: Small Manhattan homes ruled in 2010s

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The average Manhattan apartment sold between 2010 and 2019 was just under 1,135 square feet, the smallest in more than three decades, according to Miller Samuel’s 10-year report on the Manhattan sales market.

Median sales prices for studio apartments rose by about 23 percent over the 10-year period, while spacious four-bedrooms saw median prices slide by about ...

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World’s Highest Residential Club in Central Park Tower

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Extell has revealed renderings of the Central Park Tower’s 100th floor residential club. Perched over 1,000 feet above Billionaires’ Row, this will be the highest residential lounge in the world.

The club will span 8,300 square feet and include a private ballroom, a dining room, a bar, a full-service kitchen, and a wine and cigar lounge.

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Rents in Williamsburg have reached a new record high

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It’s already been a year since Gov. Andrew Cuomo abruptly called off the dreaded 15-month L train shutdown, replacing it with a “slowdown,” to repair the Canarsie Tunnel. 

Back in December 2018, median asking rents in the neighborhood fell to $2,899/month, according to StreetEasy. Then, in early January 2019, when Gov. Cuomo announced that the complete shutdown of the L train ...

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